With careful planning and market analysis, Dallas can be an excellent place to grow your portfolio.Good luck!

I am just planning. 

We're crunching numbers and planning to make purchases this year in the self-storage space.

It sounds like you’ve got a solid plan and a great passion for real estate investing.

We are planning to hold it for 5 years and bought a rate cap to cover the entire hold period. 

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

Also, a lot of sellers might be more willing to finance the down payment if they know you're committed and have a clear plan for the property.

This is who will approve or deny your plans when you apply for a permit.

Almost every realtor has several investors ready to invest at least $2 million in cash.If you’re planning to use hard money loans, agents won’t show properties without prior proof of funds.I’m curious, is this a general market trend in Ohio or just this particular realtor’s approach?

Our mental model is to have enough that someone arriving late could put together a bare bones meal for dinner and have the essentials for breakfast before they head out to get actual groceries.